Member Info for Max111

Albo on a 4 day visit to India.
https://twitter.com/AlboMP/status/1633269866894598144

India will need a huge amount of Iron Ore since they are planning to almost triple their steel production by 2030.

Plus Modi wants to make India a global hub for Green Hydrogen (which relies on #PGM metals).

Munni Munni is a globally significant safe & dependable Primary high-grade PGM deposit with Mining Lease!

Good morning, iron ore futures rose by US$1.83 or 1.5% to US$127.33 a tonne yesterday on optimism steel demand is picking head of China's peak construction season:
https://twitter.com/CommSec/status/1633187392025944064

Good morning, iron ore futures rose by US$1.83 or 1.5% to US$127.33 a tonne yesterday on optimism steel demand is picking head of China's peak construction season:
https://twitter.com/CommSec/status/1633187392025944064

Good morning, iron ore futures rose by US$1.83 or 1.5% to US$127.33 a tonne yesterday on optimism steel demand is picking head of China's peak construction season:
https://twitter.com/CommSec/status/1633187392025944064

Good morning, iron ore futures rose by US$1.83 or 1.5% to US$127.33:
https://twitter.com/CommSec/status/1633187392025944064

Nice to see a blue finish also :)

Their January Newsletter stated:
"Our busy schedule will start with
Opening the KNAC satellite office in Newman"
https://www.karlka.com.au/key-documents/newsletters/

This is perfect for Hanc0ck which is a short drive from Newman.

https://www.karlka.com.au/knac-2023-calendar/

Iron ore climbs on improving downstream demand:
https://www.nasdaq.com/articles/iron-ore-climbs-on-improving-downstream-demand-0

"The rise in (iron ore) prices is primarily driven by expectation of continuously recovering downstream (steel) demand," said Pei Hao, a Shanghai-based senior analyst from FIS, an international brokerage firm.

?

Good morning, iron ore futures US$125.50:
https://twitter.com/CommSec/status/1632837710326153218

Good morning, iron ore futures US$125.50:
https://twitter.com/CommSec/status/1632837710326153218

Good morning, iron ore futures US$125.50:
https://twitter.com/CommSec/status/1632837710326153218

Good morning, iron ore futures US$125.50:
https://twitter.com/CommSec/status/1632837710326153218

China growing at 5% will mean very strong Iron Ore prices.

The market was anticipating some stimulus at the this week's National Annual Meeting. However, the reopening itself is stimulus.

This is very good news for UFO since they are keeping their stimulus powder dry until later when we go to production.

Nippon Steel could buy more stakes in coking coal & iron ore mines:
https://www.reuters.com/markets/deals/nippon-steel-could-buy-more-stakes-coking-coal-iron-ore-mines-2023-03-02/

So Nippon are eying Australia for $1b ‘green steel’ project & looking to buy more Iron Ore mines.

Getting very interesting.

UFO have a large and valuable land holding within these Iron provinces that is high-grade, low impurities DSO.
A production profile that is capable of running for generations!

Japan’s Top Steelmaker Eyes $700 Million ‘Green Steel’ Project
https://www.bloomberg.com/news/articles/2023-03-02/japan-s-top-steelmaker-plans-700-million-green-steel-project

Japan’s top steelmaker eyes Australia for $1b ‘green steel’ project
https://www.afr.com/world/asia/japan-s-top-steelmaker-eyes-1bn-green-steel-project-20230303-p5cp4a

Green Steel required high-grade Iron Ore feedstock & Green Hydrogen (which relies on PGMs).

UFO has over US$1bn high-grade, low-impurities DSO Iron Ore
+Brockman & Vivash
+1 of Australia's largest PGM with access to infrastructure, grid power, skilled workforce, port/airport & Mining Lease and Open Pit minable in the Pilbara.

Metals Headed For Weekly Gain
https://www.youtube.com/watch?v=OxK0c2pUATc

• Strong China PMI data
• Iron Ore prices seeing strength. Air quality improved. Removal of production curbs. Restocking & higher demand.
• Construction steel sales W-o-W up 22%
• Big event China Annual Meeting National Peoples Congress starts Sunday = economic targets to be set for next 5 years!

Hi CJ. I'm in London. CommSec is based in NSW near Canberra, so they are 3 hours ahead of Perth.